Gold prices continue to fluctuate, with a bullish trend.

Wait 5 sec.

Gold prices continue to fluctuate, with a bullish trend.GoldOANDA:XAUUSDFreja_GoldenGold prices continue to fluctuate, with a bullish trend. Gold prices have stabilized above the $4,000 mark, and overall market sentiment is optimistic. Trading Strategy: 1. Go long on pullbacks - If gold prices fall back to around $3,980-3,985 and show signs of stabilization, consider going long with a target of $4,020-4,030. A breakout above this area could trigger further gains. - The $3,940-3,950 area is generally considered stronger support. A pullback to this level may represent a safer entry point. 2. Be wary of high-level volatility - It is important to note that after a period of sustained growth, short-term technical indicators suggest pullback pressure. - If gold prices encounter resistance at the key resistance level of $4,030-4,050 and fail to break through, it could enter a new round of high-level volatility. Avoid blindly chasing highs. As a professional gold trading analyst, I understand that many people were trapped in long positions in the 4010-4050 range during last week's extreme market conditions. Many were also trapped in short positions in the 3980-4000 range. As shown in the chart: Gold prices have not escaped the converging triangle pattern. Everything has its ups and downs, and I will patiently help you escape this predicament.